Reliance Insurance Co. Sees Positive Distribution Amid Market Challenges

Karachi, Reliance Insurance Co. Ltd. (RICL) announced an encouraging performance in the market with today’s rate at Rs. 11.00 and a slightly lower daily weighted average rate of Rs. 10.66. The company, with a robust paid-up capital of Rs. 665.38 million, declared a 10% distribution for its stakeholders. Since its listing in 1983, Reliance Insurance has been a consistent player in the market, maintaining a market lot size of 500 and closing its books on April 20. The EPS for RICL was recorded at Rs. 8.5.

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Atlas Battery Reports Loss of Share Certificates

Karachi: Atlas Battery Limited has reported a loss of share certificates belonging to a late shareholder, Mr. Asrar Ahmed Kazi, with specific details concerning the number and series of the shares lost. This incident, reported on October 7, 2024, invo...

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